Amy M. McClain, a partner in Ballard Spahr’s Real Estate Department, has written the Beginner’s Guide to Public Housing Conversion under RAD. This new book provides an overview of the Rental Assistance Demonstration (RAD) program’s current rules and procedures as they relate to the conversion of public housing units to Section 8 Housing Assistance Payments contracts.

“The U.S. Department of Housing and Urban Development originated RAD as a way to help alleviate the growing backlog of capital needs in the country’s inventory of public housing properties,” said Ms. McClain. “It’s a win-win program for HUD, property owners, and for people who need affordable housing.”

The book is a helpful resource for attorneys, developers, lenders, investors, and public housing authorities that are investigating the benefits of RAD and how to navigate the program’s requirements.

When public housing units are converted into Section 8 properties, they are removed from the public housing statutory and regulatory framework. The owners can leverage the Section 8 assistance against other financing tools to generate the capital needed to make repairs or to develop new replacement units.
Authorized by Congress in 2011 as part of the Consolidated and Further Continuing Appropriations Act of 2012, the current statutory authorizations for RAD can only accommodate the conversion of up to 60,000 public housing units. The program’s benefits are so attractive that another 120,000 units are already awaiting for congressional authorization to be converted.

Published by the American Bar Association, the book was initiated as a project of the ABA’s Forum on Affordable Housing and Community Development Law. The Forum serves as a clearinghouse for lawyers to provide information and programs related to affordable housing and community development and coordinates educational and training programs within the ABA for lawyers practicing in those areas.

We invite you to read an overview of the book. For more information, or to order Beginner’s Guide to Public Housing Conversion under RAD, visit Shop ABA

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Government-Assisted Housing
Real Estate